Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Primary Sector
ANZ cuts deal in long-running farm swaps case
ANZ Bank New Zealand cut a deal with a Taranaki farming family willing to pursue it through the courts over the way it sold interest rates swaps. Sharon and Stephen Coomey and their Bushline family trusts sought compensation from ANZ, claiming the bank misrepresented the effec...
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First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Property
Jenny Ruth: JENNY RUTH: Property funds management too lucrative to ignore
Managing a property portfolio tends to be significantly more lucrative than owning that portfolio. It was that realisation that drove the wave of internalisations of external management contracts of New Zealand listed property vehicles during the past decade. In theory, at...
Law & Regulation
Free
Blue Chip's Mark Bryers arrested in A$17m fraud probe
Former Blue Chip boss Mark Bryers - who is banned from running companies in New Zealand - has been arrested in Australia as part of a A$17 million fraud investigation.
Markets
Free
Watson entity claims half a billion in Cullen liquidation
A trust linked to Eric Watson has claimed more than half a billion dollars in the liquidation of his Cullen Group.
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